The subject specifies the economic system of enterprise, analyses his basic components and relations. Analysis flow into evaluation of enterprise effectiveness including investment evaluation.
The nature of economics. The accounting as a part of organisation's information system.
External financial statements: the balance sheet, the income statement, the statement of changes in financial position.
The operational cycle of enterprise. Fixed assets current assets. Cost, revenues, net income and cash-flow.
Investment decisions: time value of money, discounted cash-flow, net present value, payback period.
Tax System - basic concepts
Fundamentals of Business Management - the meaning of management, basic management functions, application of principles of management in different areas of the company
The nature of economics. The accounting as a part of organisation's information system.
External financial statements: the balance sheet, the income statement, the statement of changes in financial position.
The operational cycle of enterprise. Fixed assets current assets. Cost, revenues, net income and cash-flow.
Investment decisions: time value of money, discounted cash-flow, net present value, payback period.
Tax System - basic concepts
Fundamentals of Business Management - the meaning of management, basic management functions, application of principles of management in different areas of the company